Starting a New Business While Still Employed

By

Alexandra Levit

Updated Aug. 23, 2009 11:59 pm ET

People like to fantasize about quitting their jobs one day and starting their own businesses the next. But for most, it doesn't happen that way. In fact, the average entrepreneur is fully employed while he takes steps to get his venture off the ground.

Gregg Hammerman and Adam Finkel are partners in developing an application for Apple's iPhone called MeetMe that allows users to find a halfway meeting point (for example, picking an authentic Thai restaurant between your office and a client). Messrs. Hammerman and Finkel both...